US$4.5b rescue of debt-ridden 1MDB may weigh on Abu Dhabi’s IPIC
The US$4.5 billion RM16.9 billion rescue of a struggling Malaysian state fund is good news for the government in Kuala…
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Dubai Islamic Economy Development Centre supports a study on Digital Islamic Services landscape
Deloitte and Noor Telecom, a Kuwait-based, Sharia-compliant closed-shareholding company, have collaborated with Dubai Islamic Economy Development Center (DIEDC) for the…
StanChart CEO Bill Winters to shift power to regional hubs
Standard Chartered’s new chief executive is planning a structural overhaul at the emerging markets bank to shift capital and power…
MEAB is here to stay, bank’s new chairman insists
The newly appointed Chairman of Middle East Africa Bank Ali Hejeij said the change in the bank’s administration was merely…
Dubai foils 901 e-crime bids, secures Dh9 million
The Dubai Police helped secure Dh9 million of the emirate’s citizens and residents by foiling the plans of cyber thieves…
GCC construction sector in major growth phase
The GCC construction industry foresees growth for the next three years, encouraged by factors such as favourable macroeconomics, positive demographics,…
UAE is Middle East’s most ‘change-ready’ country
The UAE is the most change-ready country in the Middle East, and ranks globally No.5 in the KPMG 2015 Change…
Clifford Chance advises Saudi Ground Services on its IPO and listing on the Saudi Stock Exchange
Clifford Chance advised Saudi Ground Services (SGS) on its IPO and listing on the Saudi Stock Exchange . The IPO…
Will Kuwait need Shari'ah board for Islamic banks?
The wide growth and expansion of Islamic Finance have imposed a challenge for economic decision makers worldwide, especially central banks,…
Abu Dhabi's TAQA marketing $3 bln five-year loan to banks -sources
Abu Dhabi National Energy Company (TAQA) is marketing a $3 billion, five-year loan to banks after receiving initial commitments from…
Citigroup Ascends League Table as M&A Drives Mideast Fees
Citigroup Inc. is scaling the league table for investment banking fees in the Middle East after finishing 13th behind competitors…
Tejar Dubai signs MoU with Emirates Islamic to support Emirati entrepreneurs
Dubai Chamber of Commerce and Industry initiative, Tejar Dubai entrepreneurship development programme, signed a Memorandum of Understanding (MoU) with Emirates…